San Diego Market Trends RENTS RISING. Rents in San Diego county in general are rising, according to Zillow in their February report, released last week. San Diego Metro rents in February increased 0.4% from January and 4.3% from last February. Chula Vista, Oceanside, Escondido, and El Cajon rose similarly. Highest annual increases were Encinitas (5.3%,…

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Even though the U.S. economy was robust, unemployment was low, and wages grew, home sales across the nation began to drop late last year. Reasons given were high prices and a number of interest rate hikes by the Federal Reserve. Higher rates made houses less affordable, so the Fed took a “patient approach” to further…

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Millennials are buying fewer homes than in times past. This fact has caused quite a ruckus, with numerous pundits looking for answers. Last week, Freddie Mac joined the fray, blaming it all in large part on seniors. Is that true? Freddie Mac has been writing about housing shortages across the US for years. In its…

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Trump Tax Plan

The Tax Cuts and Jobs Act will have its first effect on tax returns this tax season with the 2018 returns. Of large concern to many is whether homeowners can write off their mortgage interest under the new tax law.  For people considering buying a home, there have been numerous articles saying that the mortgage…

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